5.4  Commercial Considerations

Guidance note: The commercial principles adopted for a Project should be consistent with the Partnerships Victoria Framework.  Where there are key project specific commercial issues, these should be highlighted to Respondents in separate sub-headings.  Examples of key project specific commercial issues include:

▪  the risk allocation for Fixtures, Fittings and Equipment (FF&E) for a social infrastructure procurement where specified FF&E is to be procured, supplied and maintained by the State;

▪  the role of each party for the provision of ICT; and

▪  the Handover requirements under the Project Deed including FF&E.

Note: Where a project has complex equipment procurement and/or ICT requirements, this should be addressed in Section 2.4.5 (Equipment / ICT).

The specific Tenure Arrangements and Completion Regime should also be highlighted to Respondents in separate sub-headings.

More Information